SLI headlines top performers one year on from FTSE lows

Standard Life Investments' decision to roll out a UK Equity Recovery fund last year proved to be almost perfect, with the vehicle launching on almost the exact point of the FTSE All Share's six-year low.

Unveiled on 6 March 2009, SLI UK Equity Recovery has strongly outperformed the majority of its peer group since inception, ranking third out of 306 UK All Companies sector funds over the period with a 109% rise. SLI’s UK equity team as a whole has performed well during the rally, with its UK Equity Unconstrained fund ranked first and UK Equity High Alpha in fourth. UK Equity Recovery manager David Cumming, who is also head of UK equities at SLI, says the group decided to launch the fund after identifying the “significant valuation anomalies” that opened up during the market downturn. ...